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Bond J has a coupon rate of 5.3 percent. Bond S has a coupon rate of 15.3 percent. Both bonds have eleven years to maturity,

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Bond J has a coupon rate of 5.3 percent. Bond S has a coupon rate of 15.3 percent. Both bonds have eleven years to maturity, make semiannual payments, a par value of $1,000, and have a YTM of 11.6 percent. If interest rates suddenly rise by 3 percent, what is the percentage price change of these bonds? If interest rates suddenly fall by 3 percent instead, what is the percentage price change of these bonds

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